Articles under Indian Budget 2017-18

Government notification on Service Tax changes under Indian Budget 2017-18
The extract of government notification on service tax changes under Indian union Budget 2017-18 is provided below. You may click here to read in pdf format also.
Service Tax changes budget 2017-18.pdf
F. No.334/7/2017-TRU
Government of India
Ministry of Finance
Department of Revenue
(Tax Research Unit)
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Amitabh Kumar
Joint Secretary (Tax

Budget 2017-18, Notification on import duty tariff rate changes
The extract of government notification on import customs duty tariff rate changes under Indian Budget 2017-18 is given below: You may click here also to download in pdf format:
Customs, Budget 2017-18 changes.pdf
Government of India
Ministry of Finance
Department of Revenue
Tax Research Unit
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Indian Budget 2017-18, Price increases for cigarettes
As per Indian Union Budget 2017-1, hike in excise duty on cigars, cheroots, pan masala, cigarettes and other related tobacco products.
Excise on various lengths of cigarettes has been increased to 6% from 2.5%
For paan masala , excise has been increased to 9% from 6%
For unmanufactured tobacco, excise has been increased to 8.3% from 4.2%
For other tobacco products like chewing tobacco, jarda -

Indian Budget 2017-18, Goods And Services Tax
Indian budget highlights on Goods And Services Tax is extracted below:
The GST Council has finalised its recommendations on almost all the issues based on consensus on the basis of 9 meetings held
Preparation of IT system for GST is also on schedule.
The extensive reach-out efforts to trade and industry for GST will start from 1st April, 2017 to make them aware of the new taxation system.
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